In order to meet heightened demands with the global pandemic, BioAgilytix Labs is expanding its location in Durham, North Carolina. The investment for this will total $61.5 million and will also create around 878 new jobs. So this is big news for the area and will provide relief for the pandemic and the economy.
From Area Development Magazine:
“Through great cooperation with the state, led by Governor Cooper and Secretary Copeland, our decision was swayed to invest tens of millions of dollars into expanding our team and facilities in Durham County. […] Also, but more importantly, the area is rich with life sciences expertise and a great place to live. Since our founding, this access to exceptional talent has enabled us to thrive in North Carolina.”
“North Carolina invented the Contract Research Organization model, an innovation that revolutionized the process of drug discovery and development. […] BioAgilytix’s expansion validates our state’s continued relevance for this important sector of the life science industry.” […]
“North Carolina is a world-class location for companies that lead in research and development to treat and prevent diseases like the coronavirus. […] Companies like BioAgilytix expand here because they know North Carolina can provide the skilled workers and the stable business environment they need to succeed even during a global health crisis.”AREA DEVELOPMENT MAGAZINE
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